Latest News

Sapa: Automotive supplier takes over two plants from Berry Global

05.02.2024 - The Italian automotive supplier Sapa Group has taken over two production plants of the US plastics group Berry Global in the Netherlands and Estonia. According to the Sapa Group's press release, these are two plants of the Berry subsidiary Promens in Zevenaar near Arnhem in the Netherlands and Rõngu...

Cabka: Plastics recycler with stable turnover in 2023

05.02.2024 - Cabka N.V., which specialises in the processing of difficult-to-recycle plastic waste into reusable transport packaging (RTP), recently announced its preliminary business figures for 2023. The final quarter of 2023 showed a significant increase in turnover of 35 per cent compared to the previous...

Trinseo: Significant price increases for polystyrene and copolymers

05.02.2024 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS), ABS and SAN grades. Effective February 1, 2024, or as existing contract terms allow, the contract and spot prices for the products listed below will increase...

Solenis: Speciality chemicals company expands site in Virginia

05.02.2024 - The US speciality chemicals company Solenis is expanding its production site in Suffolk in the US state of Virginia. In a press release, the company recently announced an investment totalling USD 193 million. The plans include the construction of a 7,400 square metre production hall and a new packaging...

BASF: New TPU plant started up at the Verbund site in Zhanjiang

31.01.2024 - The German chemical company BASF has started up a plant for the production of thermoplastic polyurethanes (TPU) at its new Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The company recently announced this in a press release. The new complex is the Group's largest single...

Krones: Acquisition of Netstal in preparation - Expansion of the product portfolio to include injection moulding technology

29.01.2024 - Krones is about to finalise the acquisition of 100 percent of the shares in Netstal Maschinen AG (Netstal) from KraussMaffei. Netstal, based in Näfels, Switzerland, is a leading supplier of injection moulding machines for the beverage market (PET preforms and closures) as well as for medical applications...

Trinseo: Price Increase for Polycarbonate in Europe

26.01.2024 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe announced today a price increase for all polycarbonate (PC) grades. Effective February 1, 2024, or as existing contract terms allow, the prices for the products listed below will increase as follows: "Calibre"...

LyondellBasell: Agreement to Acquire 35 percent of Saudi Arabia-based Natpet - Expansion of PP core business

25.01.2024 - LyondellBasell (LYB) recently announced it entered into an agreement to acquire a 35 percent interest in Saudi Arabia–based National Petrochemical Industrial Company (Natpet) from Alujain Corporation (Alujain) for approximately $500 million. Enabled by its Spheripol polypropylene (PP) technology, the...

Scott Bader: British company modernises main plant in England

23.01.2024 - The British plastics company Scott Bader is planning to modernise its main plant in Wollaston near Northampton. According to a press release, a total of GBP 30 million (EUR 35 million) is to be invested at the site in central England over the next five years. GBP 8 million (EUR 9.3 million) has...

Lummus Technology: Investment in pyrolysis start-up Resynergi

22.01.2024 - US-based Lummus Technology is participating as an investor in the financing of the technology company Resynergi. In a press release, Lummus announced a major investment in Resynergi without going into details of the financial commitment. However, Resynergi announced in a press release the closing...

Songwon: Price increase and freight surcharge for Polymer Stabilizers and Coatings

19.01.2024 - Songwon Industrial Co., Ltd. announced today that it is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation. The price increase will be implemented...

Wittmann: Establishment of a branch in Vietnam

19.01.2024 - The Wittmann Group, headquartered in Austria, is strengthening its market presence in Southeast Asia by establishing its own sales and service branch in Vietnam. "Vietnam is becoming increasingly important as a production location for the injection moulding industry," emphasises Michael Wittmann,...

Hellweg Maschinenbau: Flexal is new sales partner for high-performance granulators in Poland

19.01.2024 - The Flexal Group Sp. z o. o., Posnan, is now a sales partner of Hellweg Maschinenbau in Poland. The company will be responsible for sales, service and technical advice for Hellweg's complete range of granulators. As a distributor of leading global manufacturers of machines for thermoplastic and rubber...

Tanrıkulu: Turkish plastics recycler enters the PET bottle-to-bottle market - New line from Starlinger

18.01.2024 - The plastics recycler Tanrıkulu, based near Istanbul, Turkey, has commissioned its new Starlinger "recoStar PET 215 iV+" bottle-to-bottle recycling system in the last quarter of 2023. According to the machine manufacturer, the PET bottle-to-bottle system is the second plastic recycling system...

EQT: Swedish investor takes over plastics processor Zeus

16.01.2024 - The Swedish investment company EQT is taking over the US plastics processor Zeus Company. In a press release at the end of December, EQT announced the signing of a corresponding agreement. Accordingly, the EQT X fund is acquiring the Zeus shares from the Tourville family of entrepreneurs. The transaction...

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